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Stellus Capital: Q4 Earnings Snapshot

March 4, 2021 GMT

HOUSTON (AP) _ Stellus Capital Investment Corp. (SCM) on Thursday reported fourth-quarter net income of $16.8 million.

The Houston-based company said it had net income of 86 cents per share. Earnings, adjusted for non-recurring gains, came to 26 cents per share.

The investment company posted revenue of $13.5 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $13.8 million.

For the year, the company reported profit of $20.2 million, or $1.04 per share. Revenue was reported as $56.7 million.

Stellus Capital shares have increased roughly 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.93, a drop of slightly more than 7% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCM at https://www.zacks.com/ap/SCM